NEW
YORK, July 10, 2024 /PRNewswire/ -- The global
freestanding playground equipment market is estimated to grow by
USD 2.17 billion from 2024-2028, at
a CAGR of 3.88%, driven by growing urbanization and an
increase in preschools. However, the adoption of online games poses
a challenge. Key players include BCI Burke Co., KOMPAN AS, and
Playpower Inc. Unlike traditional playground equipment,
freestanding equipment focuses on standalone structures that do not
require complex installation, catering to urban areas with limited
space and promoting easy maintenance and relocation.
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Freestanding
Playground Equipment Market Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
3.88%
|
Market growth
2024-2028
|
USD 2175.9
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
3.68
|
Regional
analysis
|
North America, Europe,
APAC, South America, and Middle East and Africa
|
Performing market
contribution
|
Europe at
34%
|
Key
countries
|
US, Germany, UK, China,
and Japan
|
Key companies
profiled
|
BCI Burke Co.,
BuildIndia, Childforms, Dynamo Industries Inc., E. Beckmann e.K.,
European Leisure Industries BV, FUN PLAY SYSTEMS Pvt. Ltd.,
Funriders, HENDERSON RECREATION EQUIPMENT Ltd., Kaiqi Group Co.
Ltd., Kidstuff Playsystems, KOMPAN AS, Landscape Structures Inc.,
PlayCore Inc., Playmart Inc., Playpower Inc., Pro Playgrounds,
Sportsplay Equipment Inc., Treadwall Fitness, and VINEX Enterprises
Pvt. Ltd.
|
Market Driver
Preschools and kindergartens have experienced significant growth
in recent years due to the increasing recognition of their role in
children's development during their formative years. Working
parents, who may not have the time to teach their children at home,
rely on these institutions to provide a nurturing environment for
their cognitive and physical growth. Freestanding playground
equipment is a crucial component of these facilities, as they offer
opportunities for children to learn through play. These schools
promote socialization and the acceptance of diversity among
children. The learning-through-play strategy is effective in
enhancing a child's intelligence quotient and instilling good
habits. Preschools also focus on teaching basic etiquette, moral
values, and sharing skills. Additionally, they offer activities
that help children recognize animals, fruits, and learn rhymes,
preparing them for nursery school. The demand for high-quality
preschools has led to their proliferation in both developed and
developing countries. This trend is driving the global freestanding
playground equipment market, as most preschools feature designated
play areas for children. The market is expected to grow steadily
during the forecast period, as the number of preschools continues
to increase.
The Freestanding Playground Equipment market is thriving, with
popular items including Climbing Equipments, Slides, Swings, and
Play structures. Schools, Communities, and Daycare centers are
major buyers, while Parks and Recreational areas also show
significant growth. Climbers, Balance beams, Spinners, Interactive
panels, and other equipment cater to Children and Toddlers.
Materials range from Metal, Plastic, and Wood. Safety regulations
are crucial, focusing on surface contact and inclusive playground
equipment. Trends include Physical activity, Outdoor play, and
addressing Sedentary lifestyles and Childhood obesity. Parents,
Educators, Urban planners, and Caregivers seek affordable,
high-quality products from Educational institutions, Playschools,
and Commercial playground equipment providers. Safety standards are
paramount, ensuring enjoyment for all, including Seesaws, Spring
riders, Rope courses, and more. Stainless steel and other durable
materials are preferred for long-lasting equipment. Working women
and affordable product prices are key considerations.
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Market Challenges
- The global freestanding playground equipment market faces
significant challenges due to the increasing popularity of
electronic games. With the rise of computer and online games,
traditional outdoor equipment is losing favor among children. The
convenience and accessibility of digital games, available on
desktops, consoles, and mobile phones, have led to a decrease in
demand for freestanding playground equipment. Additionally, the
launch of innovative games for kids and adults by competitors, such
as Microsoft and Xbox, poses a direct threat to the market. The
growing market for digital games targeted at children and the low
consumer loyalty towards traditional outdoor equipment further
exacerbate the situation. These factors are expected to limit the
growth of the global freestanding playground equipment market
during the forecast period.
- The Freestanding Playground Equipment market caters to the
demand for children's play equipment in public spaces. Wooden
structures remain popular, especially for toddlers. However, safety
concerns and surface contact issues have led to a shift towards
inclusive playground equipment. Climbing structures, rope courses,
and swing sets like seesaws and spring riders continue to be
favorites. With sedentary lifestyles on the rise, there's a growing
focus on physical activity through outdoor play. Challenges include
safety regulations, child development, and community well-being.
Dual-income households and working women prioritize affordability.
Brands like Dynamo Industries, Kidstuff Playsystems, Park Supplies,
and Play & Park Structures offer a range of
commercial-grade
, stainless steel equipment for
schools, playschools, and caregivers. Safety
standards are paramount, ensuring a fun and secure experience for
children.
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Segment Overview
This freestanding playground equipment market report extensively
covers market segmentation by
- Application
- 1.1 Parks and amusement parks
- 1.2 Communities
- 1.3 Schools
- 1.4 Others
- Product
- 2.1 Slides
- 2.2 Swings
- 2.3 Climbers
- 2.4 Others
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 APAC
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Parks and amusement parks- The global freestanding
playground equipment market is experiencing significant growth,
particularly in the parks and amusement parks segment. Two primary
factors are driving this expansion. Firstly, the tourism industry's
revenue growth contributes to infrastructure development in
amusement parks, as international tourist spending increases.
Secondly, the Baby Boomer generation's desire for unique
experiences and participation in adventure activities has led to a
rise in visitors to amusement parks. This demographic trend is
boosting demand for slides, swings, giant rides, seesaws, spinners,
and spring riders. As a result, the parks and amusement parks
segment's growth is anticipated to fuel the overall market
expansion during the forecast period.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data
(2017-2021) - Download a Sample Report
Research Analysis
The Freestanding Playground Equipment Market encompasses a
variety of products designed for children's outdoor recreation.
These include Climbing Equipments, Slides, Swings, and various Play
Structures made of Metal, Plastic, or Wood. Schools, Parks, Daycare
Centers, Recreational Areas, Playschools, and Preschools are common
places where these equipments are installed. Climbers, Balance
Beams, Spinners, Interactive Panels, Seesaws, Spring Riders, Rope
Courses, and Swings are popular freestanding playground equipment
types. Parents, working women, and dual-income households
prioritize product affordability when purchasing these Child
Products. Commercial playground equipment is also available in
Stainless Steel for increased durability. Climbing frames, Slides,
and Swings are favorite choices among children, while Interactive
Panels and Spinners stimulate their cognitive abilities.
Market Research Overview
The Freestanding Playground Equipment Market encompasses a
variety of outdoor play equipment for children, including Climbing
Equipments, Slides, Swings, and Play structures. These products
cater to schools, communities, parks, daycare centers, recreational
areas, and public spaces. Climbers, Balance beams, Spinners,
Interactive panels, and other equipment promote physical activity
and child development, addressing concerns of sedentary lifestyles
and childhood obesity. Materials like Metal, Plastic, and Wood are
used to create these products, catering to children of all ages,
from toddlers to school-going children. Safety regulations and
standards are paramount, ensuring caregivers, educators, urban
planners, and parents can trust the equipment. Inclusive playground
equipment, such as climbers and spinners, promote community
well-being and cater to children with diverse needs. Commercial
playground equipment includes Seesaws, Spring riders, Rope courses,
and more. Dynamo Industries, Kidstuff Playsystems, Park Supplies,
and Play & Park Structures are notable players in this market,
offering affordable, high-quality child products for dual-income
households.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Application
-
- Parks And Amusement Parks
- Communities
- Schools
- Others
- Product
-
- Slides
- Swings
- Climbers
- Others
- Geography
-
- North America
- Europe
- APAC
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
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